Carter’s (NYSE:CRI) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Carter’s, Inc. (NYSE:CRI) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $36.67 and traded as high as $41.59. Carter’s shares last traded at $41.2230, with a volume of 833,964 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CRI shares. Needham & Company LLC began coverage on Carter’s in a research note on Thursday, March 26th. They set a “hold” rating on the stock. The Goldman Sachs Group upgraded Carter’s from a “neutral” rating to a “buy” rating and set a $38.00 target price for the company in a research report on Thursday, April 9th. Monness Crespi & Hardt increased their target price on Carter’s from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Zacks Research lowered Carter’s from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, Wall Street Zen upgraded Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $41.17.

Carter’s Stock Performance

The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.80. The company has a market cap of $1.52 billion, a P/E ratio of 16.62 and a beta of 0.87. The stock’s fifty day moving average price is $38.58 and its two-hundred day moving average price is $36.67.

Carter’s (NYSE:CRI) last announced its quarterly earnings data on Wednesday, May 6th. The textile maker reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.26. Carter’s had a net margin of 3.07% and a return on equity of 13.06%. The business had revenue of $681.11 million for the quarter, compared to analysts’ expectations of $660.59 million. During the same period last year, the firm posted $0.66 earnings per share. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Carter’s has set its Q2 2026 guidance at 0.020-0.060 EPS. As a group, equities analysts predict that Carter’s, Inc. will post 3.09 earnings per share for the current year.

Carter’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Shareholders of record on Tuesday, May 26th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Carter’s’s dividend payout ratio (DPR) is currently 40.32%.

Hedge Funds Weigh In On Carter’s

A number of institutional investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its position in shares of Carter’s by 113.7% during the 2nd quarter. AQR Capital Management LLC now owns 2,564,457 shares of the textile maker’s stock worth $77,267,000 after buying an additional 1,364,698 shares during the last quarter. Rubric Capital Management LP grew its position in Carter’s by 121.5% in the first quarter. Rubric Capital Management LP now owns 1,018,853 shares of the textile maker’s stock valued at $36,434,000 after acquiring an additional 558,853 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Carter’s by 36.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,765,205 shares of the textile maker’s stock valued at $63,121,000 after acquiring an additional 472,786 shares during the last quarter. Quantinno Capital Management LP raised its stake in Carter’s by 1,679.7% during the second quarter. Quantinno Capital Management LP now owns 370,791 shares of the textile maker’s stock worth $11,172,000 after acquiring an additional 349,957 shares in the last quarter. Finally, Millennium Management LLC raised its stake in Carter’s by 104.3% during the third quarter. Millennium Management LLC now owns 661,920 shares of the textile maker’s stock worth $18,679,000 after acquiring an additional 337,880 shares in the last quarter.

About Carter’s

Carter’s, Inc (NYSE: CRI) is a leading designer and marketer of infant and young children’s apparel in North America. Headquartered in Atlanta, Georgia, the company’s core business focuses on creating clothing and accessories for babies and children, including bodysuits, sleepwear, layette, outerwear and accessories that blend comfort, safety and style. Carter’s flagship brand is complemented by its OshKosh B’gosh line, which offers heritage-inspired designs and durable fabrics for toddlers and young kids.

The company distributes its products through a diversified platform that includes wholesale partnerships with major department stores and mass merchandisers, direct‐to‐consumer e-commerce sites, and an extensive network of company-operated retail stores.